TAMPA,
Fla., Oct. 10, 2023 /CNW/ - Primo Water
Corporation (NYSE: PRMW) (TSX: PRMW) (the "Company" or "Primo
Water"), a leading provider of sustainable drinking water solutions
direct to consumers in North
America and Europe, today announced that the Company
will release its third quarter ended September 30, 2023 financial results before the
markets open on Thursday, November 2,
2023.
Primo Water will host a
conference call, to be simultaneously webcast, on Thursday, November 2, 2023 at 10:00 a.m. Eastern Time. A question and answer
session will follow management's presentation. To participate,
please call the following numbers:
Third Quarter 2023 Earnings Conference Call
North America: (888)
664-6392
International: (416) 764-8659
Conference ID: 93280528
This is a live, listen-only dial-in telephone line.
Webcast for Third Quarter 2023 Earnings Conference
Call
A live audio webcast will be available through the Company's
website at www.primowatercorp.com. The webcast will be recorded and
archived for playback on the investor relations section of the
website for two weeks following the event.
ABOUT PRIMO WATER CORPORATION
Primo Water is a leading
pure-play water solutions provider in North America and Europe and generated approximately
$2.2 billion in annual revenue in
2022. Primo Water operates largely
under a recurring revenue model in the large format water category
(defined as 3 gallons or greater). This business strategy is
commonly referred to as "razor-razorblade" because the initial sale
of a product creates a base of users who frequently purchase
complementary consumable products. The razor in Primo Water's revenue model is its industry
leading line-up of innovative water dispensers, which are sold
through approximately 10,300 retail locations and online at various
price points. The dispensers help increase household and business
penetration which drives recurring purchases of Primo Water's razorblade offering or water
solutions. Primo Water's razorblade
offering is comprised of Water Direct, Water Exchange, and Water
Refill. Through its Water Direct business, Primo Water delivers sustainable hydration
solutions across its 21-country footprint direct to customers,
whether at home or to businesses. Through its Water Exchange
business, customers visit retail locations and purchase a
pre-filled bottle of water. Once consumed, empty bottles are
exchanged at our recycling center displays, which provide a ticket
that offers a discount toward the purchase of a new bottle. Water
Exchange is available in approximately 17,500 retail locations.
Through its Water Refill business, customers refill empty bottles
at approximately 23,500 self-service refill drinking water
stations. Primo Water also offers
water filtration units across its 21-country footprint.
Primo Water's water solutions
expand consumer access to purified, spring, and mineral water to
promote a healthier, more sustainable lifestyle while
simultaneously reducing plastic waste and pollution. Primo Water is committed to its water
stewardship standards and is proud to partner with the
International Bottled Water Association (IBWA) in North America as well as with Watercoolers
Europe (WE), which ensure strict adherence to safety, quality,
sanitation and regulatory standards for the benefit of consumer
protection.
Primo Water is headquartered in
Tampa, Florida (USA). For more
information, visit www.primowatercorp.com.
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SOURCE Primo Water Corporation